Blackmoney: Switzerland reveals names of two Indian account holders

New Delhi: Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.

Making public these names, the Swiss Federal Tax Administration (FTA) has asked the two Indians to file an appeal within 30 days before the Federal Administrative Court if they do not want their details to be shared with the Indian authorities under their 'mutual assistance' treaty on tax matters.

However, no further details -- other than their dates of birth -- were made public for the two "Indian nationals" – Sneh Lata Sawhney and Sangita Sawhney.

The Indian government has been pushing the Swiss authorities for a long time to share information on the suspected tax evaders, while Switzerland has shared some details in cases where India has been able to provide some independent evidence of suspected tax evasion by Indian clients of Swiss banks.

The notices for the two 'Indian nationals' and many others are dated May 12, while other such notices are dated May 19 and May 5.

Committing full support to India's fight against the black money menace, Switzerland last week had said its Parliament would soon consider changes in laws to look into the possibility of sharing information in cases being probed on the basis of stolen data of Swiss bank accounts.